Latest Blowout preventer Stories
HOUSTON, Feb. 14, 2013 /PRNewswire/ -- Endeavour International Corporation (NYSE: END) (LSE: ENDV) ("Endeavour" or the "Company") today announced a drilling update on the East Rochelle well (15/27-E1y) in the U.K. Central North Sea. Following a severe storm lasting several days, the Company performed a routine inspection of the conductor, well head and blow out preventer systems using a Remote Operated Vehicle (ROV). Inspection of the well revealed that the cement around the top of...
HOUSTON, Feb. 12, 2013 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announced that it has secured contracts with a subsidiary of Transocean Ltd. (NYSE:RIG) to provide three subsea blowout preventer (BOP) control systems. These contracts add over $40 million to Oceaneering's Subsea Products backlog. The contracts are for discrete hydraulic systems that will be used on existing semi-submersible drilling rigs that Transocean is modifying to comply with the American...
ABERDEEN, Scotland, Jan. 4, 2013 /PRNewswire/ -- Proserv Group Inc. ("Proserv"), a leading energy production technology services company, has acquired Total Instrumentation & Controls ("TIC"), a specialist in in advanced process and control systems equipment, based in Houston, Texas. TIC generated over $50 million in revenue in 2012. Proserv is a portfolio company of Intervale Capital, an energy-focused private equity firm based in Cambridge, Massachusetts. TIC has...
HOUSTON, Sept. 4, 2012 /PRNewswire/ -- Precision Drilling is pleased to announce the sale of its non-utilized oilfield services assets, including legacy drilling rigs, service rigs and ancillary equipment. Precision has partnered with Kruse Energy & Equipment, LLC, www.kruseenergy.com, to make this equipment available for sale via auction. The equipment being sold is of a wide variety of sizes, styles, new, used and locations across Canada and the U.S.A. "Kruse Energy and...
HOUSTON, July 17, 2012 /PRNewswire/ -- Wright's Well Control Services (WWCS) completed a riserless subsea plug & abandonment (P&A) using tubing to pull out of the hole from a Multi-Service Vessel (MSV) in 1,250' WD in the Gulf of Mexico. DOF Subsea USA provided marine and subsea services. New tools where custom engineered specifically for this project and successfully deployed. One of the initial challenges addressed by the WWCS team was the one-of-a-kind tree found at the...
To reduce the risk of another accident as catastrophic as the Deepwater Horizon explosion and oil spill, a new report from the National Academy of Engineering and National Research Council says, companies involved in offshore drilling should take a "system safety" approach to anticipating and managing possible dangers at every level of operation -- from ensuring the integrity of wells to designing blowout preventers that function "under all foreseeable conditions." In addition, an enhanced...
After the Deepwater Horizon explosion and oil spill in the Gulf of Mexico, the U.S. Department of the Interior asked the National Academy of Engineering and National Research Council to convene a committee of experts to analyze the probable causes of the disaster and identify measures for preventing similar harm in the future. MACONDO WELL-DEEPWATER HORIZON BLOWOUT: LESSONS FOR IMPROVING OFFSHORE DRILLING SAFETY, the committee's final report, analyzes the performance of the technologies and...
BP is suing the owner of the oil rig that exploded in the Gulf of Mexico last year for $40 billion in damages. BP said safety systems on Transocean's Deepwater Horizon rig had failed. The company claimed in a statement that Swiss-based company Transocean "missed critical signs that hydrocarbons were flowing up the riser and failed to take appropriate actions.""As the owner and operator of the Deepwater Horizon rig, Transocean is a 'responsible party' under the Oil Pollution Act...
A study released today states that a stuck pipe was to blame for last year's worst-ever oil spill as it impeded a system in place on the BP well to prevent pollution into the Gulf of Mexico. The U.S. Department of Interior and Department of Homeland Security performed a forensic test and called for engineers to take a new look at design to prevent future accidents. Det Norske Veritas, a Norwegian company that maintains construction standards and performed the study, pointed to problems in the...
Misguided well design decisions by BP officials, poor oversight of a cement contractor that they had received warnings about years beforehand, an ill-timed reorganization of the engineering staff, and the lack of cooperation from their partners were all factors that played a part in the Deepwater Horizon rig explosion, the national commission investigating the oil spill revealed on Thursday.In their final report to President Obama, the National Oil Spill Commission discovered that as early as...
